Greece Finalizes Acquisition of Two Italian FREMM Frigates With 2028 and 2029 Deliveries

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Greece and Italy have formally activated the transfer of two Italian Navy Bergamini-class FREMM frigates, completing the legal, financial and technical framework for one of Athens' fastest major surface-combatant acquisitions in years. The Implementing Arrangement signed in Rome on September 8 covers Carlo Bergamini (F-590), scheduled for transfer in the first half of 2028, and Virginio Fasan (F-591), due in the first half of 2029. It also establishes initial and follow-on support, Greek industrial participation and work to integrate new systems aboard the ships. Greek Defence Minister Nikos Dendias confirmed that discussions are already underway with Fincantieri on modifications and said Athens is also examining the acquisition of two additional FREMMs, potentially turning the transaction into a four-ship class.

Hellenic Navy Fleet Watch · September 2026

FREMM Acquisition Snapshot

Greece has locked in its first two Italian FREMMs while keeping the door open to a four-ship Bergamini-class fleet.

Agreement SIGNED
2 FREMMs
acquisition formally activated

Legal, financial and technical terms for the first pair are now finalised.

Carlo Bergamini TRANSFER
H1 2028
F-590 · General Purpose

The lead Italian FREMM is scheduled to become Greece's first ship of the type.

Virginio Fasan TRANSFER
H1 2029
F-591 · ASW

The second ship adds the class's dedicated anti-submarine warfare configuration.

Reported Ship Price NOT OFFICIAL
≤€460M
combined reported acquisition

Greek reporting places the two existing ships at no more than roughly €460 million before the wider package.

Fleet Expansion UNDER STUDY
+2
additional FREMMs possible

Greece and Italy are already discussing the possibility of another two ships.

Length 144 m
Large multi-mission frigate platform.
Full-Load Displacement ~6,700 t
Depending on configuration and published reference.
Air-Defense Cells 16
Two Sylver A50 eight-cell modules for Aster missiles.
Range ~6,000 nm
Published FREMM figure at approximately 15 knots.
Surface Fleet · Sensors · Weapons · Industrial Work

Greece's Frigate Transition Board

Athens is combining new construction, second-hand acquisition and mid-life modernization rather than relying on a single frigate program.

Scroll sideways for the complete fleet view ← →
Ship / Program Status Core Capability Weapons & Sensors Upgrade / Integration Work Industrial Signal
Carlo Bergamini FREMM GP Transfer H1 2028 Entered Italian service in 2013. General-purpose 144-metre frigate with twin helicopter facilities, CODLAG propulsion and strong air/surface warfare capability. 16 Sylver A50 cells for Aster missiles, 127/64 gun, 76/62 gun, anti-ship missiles and MU90 torpedoes. New communications and CENTAUR C-UAS are expected. CAPTAS-4 VDS installation is being considered. Anti-ship missile configuration is expected to change. Maintenance, combat-system integration, sonar work, communications, missile integration and long-term support.
Virginio Fasan FREMM ASW Transfer H1 2029 Italy's first FREMM in dedicated ASW configuration. Optimized for anti-submarine warfare while retaining significant air and surface combat capability. CAPTAS-4 variable-depth/towed sonar, MU90 torpedoes, 16 Aster-capable VLS cells and twin 76/62 guns. Communications and C-UAS integration expected, together with Greek-compatible anti-ship weapons and support systems. Sonar sustainment, torpedo support, electronics, helicopter integration and lifecycle maintenance.
Additional Bergaminis UNDER DISCUSSION Up to 2 More Could establish a four-vessel Hellenic FREMM force and spread type-specific training and logistics across more hulls. Final vessels and configurations have not been announced. A second pair would likely benefit from the integration work completed on the first two ships. Larger installed base would expand recurring demand for spares, training, upgrades and depot-level maintenance.
FDI HN 4-SHIP PROGRAM New Construction New-generation Greek frigate fleet with advanced air defense, digital combat systems and anti-submarine capability. Aster-family air defense, Sea Fire radar, CAPTAS-4 sonar and progressively expanded Standard 2++ capabilities. The fourth FDI contract also extends additional capabilities and support across the wider class. French-Greek industrial cooperation, missiles, radar, sonar, maintenance and software-intensive upgrades.
Hydra-Class MEKO 200HN MODERNIZATION 4 Ships Existing frigates retained as part of the future high-end surface fleet rather than replaced immediately. Current ships carry Harpoon, ESSM, 127 mm guns, Phalanx and torpedoes. Greek government approved modernization, including advanced anti-submarine systems. Combat systems, radar, sonar, weapons, machinery maintenance and Greek-yard work create a major retrofit market.
Italian FREMM EVO ITALIAN REPLACEMENT 2029 + 2030 New-generation FREMMs allow Italy to move older but capable hulls into the export market. Fixed-face dual-band radar, cyber-resilient CMS, enhanced EW, anti-drone capability and unmanned-system integration. Two ships are already under construction for the Italian Navy. Creates an unusual European fleet-renewal model where used frontline ships move directly to an allied navy.
Potential Future Core Fleet
FDI HN 4 Ships
New-build high-end surface combatants.
FREMM 2 + 2
Two contracted, another two being discussed.
MEKO 200HN 4 Ships
Modernization program approved.
Strategic Target 12 Frigates
Four FDI, four FREMM and four modernized MEKO if the additional pair proceeds.
Ship Universe Naval Acquisition Tool

Used Frigate Acquisition & Modernization Budget Analyzer

Build a complete acquisition scenario around second-hand frontline warships by adding support, modernization, weapons, training and infrastructure to the headline purchase price.

ships
€M total
€460M default is a reported estimate, not a publicly disclosed Greek contract value.
% purchase
€M
€M
€M
years
€M / ship
Editable comparison reference. €750M reflects the headline value of Italy's €1.5B two-FREMM EVO contract divided by two.
Modeled Total Program €839M acquisition + support + modernization + weapons + training
All-In Cost per Ship €420M modeled total divided by number of ships
Newbuild Comparison 56% modeled cost versus entered newbuild reference
Modeled Capital Difference €661M entered newbuild reference minus acquisition scenario
Capital Cost per Ship-Year €21.0M all-in capital divided across planned service life
Upgrade + Weapon Share 32% modernization and weapons as share of total program
Program Cost Stack
See how much of the modeled program sits outside the headline vessel purchase price.
Ship Acquisition
€460M
Support
€69M
Modernization
€120M
Weapons
€150M
Used vs Newbuild Scenario 44% Lower
Difference between the modeled all-in used-frigate program and the entered newbuild reference. This is a budgeting comparison rather than a like-for-like capability comparison.
Used Program €839M
Newbuild Reference €1.50B
Purchase Share 55%
Added Package €379M
Scenario model: Only the ship count and transfer schedule are formally confirmed in the public government announcement. The approximately €460 million two-ship acquisition figure comes from Greek reporting and should not be treated as the disclosed signed contract value. Support, modernization, weapons, training and infrastructure defaults are illustrative user assumptions. The €1.5 billion FREMM EVO contract is also not a direct like-for-like comparator because it covers new-build vessels with next-generation systems and program content.
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